My big problem as a painter is trying to work out what price to set for a painting. This gives me nightmares. How do other artists work out prices.
Is it on size?
How long the painting took to do?
How well it turned out?
Any suggestions would be welcomed.
Jeff, I have only heard of 2 professional artist and they used price per square inch. Back when I sold, my prices kept going up because if I liked it well enough to want to keep it and did not care if it sold or not, I would just put a higher price. I know that is not really any help to you. I guess, if you are not well known by winning shows and all, then go to places where they sell art and look for art that you consider to be similar in quality as to what you are trying to sell then look at price and size. If it is in a gallery, the artist's price is some % lower. It is whatever the market will bear. Good luck. Ro
I am starting to feel sorry for artist that have to sell art to eat. Where is all the fun?
I just enjoy painting and creating something that is interesting to others. Sure it is good to sell one now and then but after a 45 year career in another field I just want to chill out and enjoy my grand kids.
Holly join a painting group and have FUN :-)))))
I was lucky enough to do a commission work last year for $16,000.00 but it was from a wealthy friend who wanted to give me a break. Luckily he loved it and he buys a lot of expensive art but mine is still his favorite. (it took me 6 months on and of)
Apart from that I go in art shows reguarly und usually sell one or two for around the 4-$500 mark.
Jeffery Doherty said:
These are all really good points and I am thankful for the advice and comments from everyone. I think it helped with the pricing of my leaf paintings. Though I still think I might have set it too cheep. I've priced them at $55.00 each (framed) and I sold two this week and have commission orders for two more.
I'm very happy.
Jeff...when something becomes too cheap, and orders are building it is then better to raise the price to slow down the demand, this will determine your cap and your own instinct has mentioned them being too cheap as well. Listen to your intution))
Hi Jeff. I do things a little different. Minimum $1 per minute. If they want to spend money on something real detailed, I charge more. If they are super nice, I give them extra time. Keep in mind that most of the work I do is the idea of the client. I just ask them colors they don't want to see, in the finished product. Sometimes I tell them a complimentary color is necessary, and I want free reign on how it's done. If they like a painting on my wall......all is negotiable. I never let them be the art-director either.
Hope this helps too............RAF